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Fcp Announces Acquisition Of 220-Unit, Avana Cypress Creek Apartments In North Lauderdale, Fl

Jul 05, 2023•about 2 years ago

Acquiring Company

FCP

Acquired Company

220-UNITAVANA CYPRESS CREEK APARTMENTS IN NORTH LAUDERDALE

Other

Description

FCP® announces the acquisition of Avana Cypress Creek Apartments at 1700 South State Road 7 in North Lauderdale, FL. The 220-unit, Class A community was built in 2009 and consists of predominantly two- and three-bedroom units with the majority of the units having direct access garages. FCP will assume an existing Fannie Mae loan.

Company Information

Company

FCP

About

FCP® is a privately held real estate investment company that has invested in or financed more than $9.3 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com. Media Contact: Karen Widmayer KW Communications, LLC karenwidmayerpr@gmail.com 301-661-1448 SOURCE FCP

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